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Help Save &Exit Check m 4 Prepare joumal entries to record the following transactions involving the short-term securities investments of Krum Co, all of which

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Help Save &Exit Check m 4 Prepare joumal entries to record the following transactions involving the short-term securities investments of Krum Co, all of which occured during year 2017 a.OnAugust t paid S78000 cash to purchase Hutte's 9% debt securities($78.000 priepan, dated Jay 30, 200, and matrng January 30, 2018 (categorized as available-for-sale securties in a year. Do not round your intermediate calculations) b. On October 30, received a check from Houtte for 90 days interest on the debt secunties purchased in transaction a (Use 360 deys Journal entry worksheet on August 1, paid $78,000 cash to purchase Houtte's 9% debt 578,000 principal), dated July 30, 2015, and maturing January 30, 2016 (categoriced as available for sale secunitbies) securities Bev 4of8 Next Gateway

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